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Worldline SA

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Worldline
Euronext: WLN CAC 40 Component
ISINFR0011981968 Edit this on Wikidata
Industrydata processing, hosting and related activities Edit this on Wikidata
Founded1974
HeadquartersBezons, France
Key people
Gilles Grapinet
ProductsPayment Terminals & Merchant Services, Transaction Processing, Mobility & Transactional Web Services
Revenue€2.3 billion (2019)
€311 million (2019)
Number of employees
11,000+ in 2018
Websiteworldline.com

Worldline is a French payment and transactional services company founded in 1970.

History

1970–2004: beginnings and diversification

Worldline's first activities in processing payment card transactions date back to the 1970s, first under the name of Sligos - resulting from the merger in 1973 between Sliga, a subsidiary of the Crédit Lyonnais bank, and Cegos[1] - then, from the 1980s, with Segin, specializing in particular in transactions on Minitel. From the 1990s, the company diversified into online payments with Axime, which gave birth - after its merger with Sligos[2] - to the Atos Group[3].

2004–2014: integration into Atos

In 2004, Atos integrated its payment and online services activities into a division then called Atos Worldline.

In 2006, Atos Worldline included in its scope the Belgian companies Banksys, responsible for securing and guaranteeing electronic payments in Belgium, and Bank Card Company (BCC)[4], specializing in the management of payment systems linked to the country's two largest credit card networks, Visa and MasterCard. The two companies, employing around 1,100 people with a turnover of 309 million euros, were bought out from their four shareholders: Dexia, Fortis, ING, and KBC[5].

In 2010, Atos Worldline acquired and integrated the Indian company Venture Infotek for around 100 million dollars[6]. The company, specializing in payment and transaction processing, had merchants, as well as banks and government programs, as clients locally[7].

In 2011, Atos acquired the IT services activities of Siemens, which also included electronic transaction activities, which were integrated into its Worldline division. In 2012, Atos Worldline acquired and integrated Quality Equipment, a Dutch electronic payment company, for an unknown amount[8].

In 2013, Atos branched out its Atos Worldline division, giving it more autonomy.[9][10]

In 2014, Atos partially listed Worldline for 26.59% of its holdings worth 575 million euros, valuing Worldline at a capitalization of 2.1 billion euros.[11]

References

  1. ^ "Henri Pascaud PDG de Sligos". LesEchos (in French). Retrieved 3 June 2020.
  2. ^ "Axime prend le contrôle de Sligos et devient le « poids lourd » de l'informatique bancaire". LesEchos (in French). Retrieved 3 June 2020.
  3. ^ "Atos a enregistré une hausse de 68,7 % de son résultat en 1997-1998". LesEchos (in French). Retrieved 3 June 2020.
  4. ^ "Ce qu'il faut savoir pour réussir à absorber ses concurrents". DynamiqueMag (in French). Retrieved 3 June 2020.
  5. ^ "Atos Origin : rachète BCC et Banksys, pour devenir un leader européen des services de paiement". Boursier.com (in French). Retrieved 3 June 2020.
  6. ^ "Paris-based Atos buys Venture Infotek". BusinessStandard. Retrieved 3 June 2020.
  7. ^ "Atos rachète un spécialiste des moyens de paiements en Inde". Reuters (in French). Retrieved 3 June 2020.
  8. ^ "Paiement électronique : Atos rachète Quality Equipment". LesEchos (in French). Retrieved 3 June 2020. {{cite web}}: Check |archiveurl= value (help)
  9. ^ "Atos va filialiser son activité de paiement à la mi-2013". LesEchos (in French). Retrieved 3 June 2020. {{cite web}}: Check |archiveurl= value (help)
  10. ^ "Atos va filialiser ses activités de paiement et de transactions". L'Express (in French). Retrieved 3 June 2020. {{cite web}}: Check |archiveurl= value (help)
  11. ^ "Atos Worldline fera son entrée en Bourse le 27 juin" (in French). Retrieved 8 June 2020. {{cite web}}: Check |archiveurl= value (help)